Key Performance Indicator (KPI)
A KPI is a measurable value used to evaluate how effectively a company is achieving its financial or operational goals. In accounting, KPIs may include gross profit margin, accounts receivable turnover, or operating cash flow. They help managers monitor performance and make data-driven decisions for improvement.
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Knockdown Cost
Knockdown cost refers to the total landed cost of goods received in an unassembled form, including purchase price, freight, insurance,…
Kickoff Balance
A kickoff balance is the initial balance used when setting up a new accounting system or beginning a new financial…
Knowledge Process Outsourcing (KPO)
KPO involves outsourcing high-end analytical or financial services such as valuation, financial modeling, and risk management. In accounting, KPO providers…
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